Tax for poor and rich? What is the right thinking? Lower taxes for high income earners raise inflation because the rich can quickly accumulate money to withdraw and this lowers the supply of productivity in relation to demand. Reduced taxes on low-income earners means that they can get by on less money and still maintain production with their consumption....
Category: General pensions
Grass roots - unite
Grass roots - unite! During the late 1960s, when the Social Democrats were at their strongest, they instituted an economics prize in his memory against Alfred Nobel's wishes. Soon a bloody coup d'état was carried out in Chile by the right. The Nobel committee immediately chose to award the prize to neoliberals such as Milton Friedman. This marked a shift on false grounds from Keynesianism to neoliberalism for…
Good pensions require progressive taxes and adequate government deficits
It is always today's production capacity that pays for today's pensions via taxes. Vote for good pensions and work for an economically, ecologically and socially sustainable future. Pensions require sustainable production A system with sufficient progressive taxes and government deficits/that the government creates money instead of the banks doing it via lending (read about deficits here) can...